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Global L-Serine Market 2018:Ajinomoto, Amino, Evonik, Mitsui Chemicals, Kyowa Hakka Bio, Bafeng Pharmaceuticals and Chemicals, Jiahe Biotech, Puyer, Huayang Chemical and Tianan Pharmaceuticals

Global L-Serine Market 2018:Ajinomoto, Amino, Evonik, Mitsui

L-Serine Market size is anticipating noticeable growth during next seven years. The acid is formed from amino acid, known as glycine and is important for both mental and physical health. It ensures efficient functionality of the brain and central nervous system. It is a form of acid used in protein synthesis and readily assimilated by the digestive system. It has applications in pharmaceutical, cosmetic, foods and beverages and agriculture industry.

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Growing food & beverage industry with over 10% CAGR in next five years is projected to propel l-serine market. The compound is used widely as nutritional supplement in food production to provide essential amino acids. It is consumed in beverages such as sports drink and amino acid diet drinks to provide nutrition. Positive outlook of food & beverage industry will boost l-serine market.

Supply chain of the product initiates from laboratory. It is a chemical formulation manufactured in various grades and for diverse applications. Manufacturing process involves fermentation of enzymes followed by bioconversion and purification. The compound is then packed and distributed to various locations for different usage.

L-serine market faces several challenges that include its side effects on human body. The acid has side effects that include chronic diarrhea, constipation, stomach discomfort and frequent urination. With the growing consumer awareness regarding the medicines and its side effects the l-serine market is facing challenges and the growth is hampered. The other reason due to which the consumers stopped taking the acid is because they did not feel the medicine is treating the problem properly.

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L-serine market is segmented on the basis of its usage in various industries such as food and beverage, pharmaceuticals, cosmetic, agriculture, animal feed and organic chemicals. They are widely used as nutrition supplements in food products, sports drink, medicines manufacturing amino acids and its derivatives, natural moisturizing factor in cosmetic and feed additive to enhance nutrition in animals and agriculture feed.

Asia Pacific headed by China and India is expecting sustainable growth in the market owing to their production of food products. The acid is commonly used in food supplements for providing nutrition. Rising demand of food and beverages in these countries, will become a major factor and the region will contribute in the growth of the product.

Prominent producers in l-serine market are Ajinomoto, Amino, Evonik, Mitsui Chemicals, Kyowa Hakka Bio, Bafeng Pharmaceuticals and Chemicals, Jiahe Biotech, Puyer, Huayang Chemical and Tianan Pharmaceuticals. The companies are focusing on research and development to curb the side effects of acid on human body. Evonik industries has developed a new process for enzymatic synthesis of the amino acid. Company has increased its capacity at the nanning sites (China). It has expanded its production capacities for producing the acid in all forms while being fully backward integrated.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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